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Coronado Company accumulates the following data concerning a proposed capital investment: cash cost $207,708, net annual cash flows $37,200, and present value factor of cash
Coronado Company accumulates the following data concerning a proposed capital investment: cash cost $207,708, net annual cash flows $37,200, and present value factor of cash inflows for 10 years is 5.89 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made.
Net present value | $ |
The investment ______ (should/ should not) be made. |
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